Sale closes on Ridglea Bank Building

Mid-rise asset includes large parking area

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The Ridglea Bank Building in Fort Worth, Texas, has sold for an undisclosed amount, brokerage Holliday Fenoglio Fowler L.P. announced today. GNL Properties purchased the 181,601-square-foot office building from a partnership between Dallas-based Cawley Partners and New York-based Greenstreet Real Estate Partners. Located at 6300 Ridglea Place, the 12-story property is located off Camp Bowie Boulevard and has 594 parking spaces and garden-like landscaping. At the time of sale, the property was 98 percent leased. *** What's your opinion? Leave your comments below or send a letter to the editor. ...